Disaster Ahead
AUSTRALIAN INDUSTRIES Warning of Tariff Board By Cable. —Press Association. — Copyright. Received 1 p.m. CANBERRA, To-day. IN the annual report which the Tariff Board presented to * the House of Representatives, the admission was made • that the imposition of increased tariffs on certain classes of imports, which was designed to improve the position of several important industries in the Commonwealth, merely resulted in stagnation of those industries. “In other words,” the report states, “it is apparent that protection is failing to protect.”
- board gives warning that there is a danger of the tariff being used to bolster up an ever-increasing cost of production, irrespective of any consideration to the ever-widening gaps between the standard maintained within the Commonwealth and the United Kingdom. The disparity in wages not only affects the industries using materials which are wholly the product of Australia, such as the iron and steel industries, but as experience has shown, even the industries using appreciable proportions of imported materials are placed at a serious disadvantage with products from overseas.
The board regrets being obliged to place on record its conclusion that there is in the Commonwealth a pre-
vailing tendency calculated to abuse the protective system, and, by forcing the pace under disadvantageous conditions, to endanger the efficiency of the system. The tendency is, it declared, not confined to one section, but is common to industrial unions and secondary and primary producers. The board is profoundly convinced that if Australian industry is to be maintained and safeguarded, it is essential that the leaders of industrial unions should recognise the serious menace arising out of the costs of production. The situation is regarded by the board as being too critical to waste time on trumped-up charges of bias. The board calls for the serious attention of all parties, otherwise there can be nothing but disaster ahead.—A. and N.Z.
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Sun (Auckland), Volume I, Issue 168, 6 October 1927, Page 11
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310Disaster Ahead Sun (Auckland), Volume I, Issue 168, 6 October 1927, Page 11
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